PetroChina Co (PetroChina Co) 10-Year ROIIC % : 40.28% (As of Dec. 2023)

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What is PetroChina Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. PetroChina Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 40.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for PetroChina Co's 10-Year ROIIC % or its related term are showing as below:

PTRCY's 10-Year ROIIC % is ranked better than
87.41% of 993 companies
in the Oil & Gas industry
Industry Median: 4.78 vs PTRCY: 40.28

PetroChina Co 10-Year ROIIC % Historical Data

The historical data trend for PetroChina Co's 10-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PetroChina Co 10-Year ROIIC % Chart

PetroChina Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

10-Year ROIIC %

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-1.60

-16.70

-2.63

33.29

40.28

PetroChina Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
10-Year ROIIC %	Get a 7-Day Free Trial															-	-	-	40.28	-

Competitive Comparison of PetroChina Co's 10-Year ROIIC %

For the Oil & Gas Integrated subindustry, PetroChina Co's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PetroChina Co's 10-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where PetroChina Co's 10-Year ROIIC % falls into.

PetroChina Co 10-Year ROIIC % Calculation

PetroChina Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %	=	10-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	10-Year Incremental Invested Capital^**
	=	( 30633.7064124 (Dec. 2023) - 21971.382199 (Dec. 2013) )	/	( 330848.716 (Dec. 2023) - 354081.794 (Dec. 2013) )
	=	8662.3242134	/	-23233.078
	=	-37.28%^***

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

PetroChina Co (OTCPK:PTRCY) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

PetroChina Co 10-Year ROIIC % Related Terms

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PetroChina Co (PetroChina Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (OTCPK:PTRCY) » Definitions » 10-Year ROIIC %

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PCCYF:USA 00857:Hong Kong PC6:Germany 601857:China

Address

No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007

Website

http://www.petrochina.com.cn

PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.